Payment Gateway Problem

Hi,

This has to do with the taxes of your home country, you can't receive unlimited amounts of income without having to report these incomes, that is probably why your accounts have been limited. You need to properly set your payment processors up keeping the tax regulations in mind, then you're accounts will gain full access again. I can see however that this is not a short term solution, but I'm afraid it's the best way to go.

Have you supplied the information that Paypal requested when you exceeded their base limit?

Usually payment processors are bound by certain laws in particular ones relating to money laundering.

They will ask you for identification, business registration details, various tax details etc to verify that you are a legitimate business.

It usually comes as shock to some when they first go over the limit because at that point they freeze your account until you provide the necessary documents that they require.

It is highly likely that you will come across this type of problem with any payment gateway so it is best to get your act together and register a business, open a business bank account and operate like a business.

I am selling replicas, any payment gateway accept replicas ??

If PayPal limit your account then you should provide all evidence to PayPal. show them that you sell products on Facebook and all money coming from there.

they will ask some verification . once you provide they will open your account immediately.

I use stripe and it's awesome, easy to setup and 7 days to get money in my bank account from the momment it's paid...

I think Stripe doesn't allow you to sell replica product !

Consider ProPay or a similar payment gateway.

And if Paypal has ever held your funds or suspended your account, check out this class action lawsuit info and find out if you can qualify for a settlement.

I received this little diddy in my inbox the other day from Paypal.


You are a member of the Settlement Class if you had an active PayPal account between April 19, 2006 and Nov. 5, 2015. Certain Settlement Class Members who had a hold or reserve placed on their account and/or who had their account closed or suspended by PayPal are eligible to receive a monetary payment upon submission of a valid claim form.

This notice summarizes the proposed settlement. For the precise terms and conditions of the settlement, please see the Settlement Agreement available at http://www.accountholdsettlement.com/, by accessing the Court docket in this case through the Court's Public Access to Court Electronic Records (PACER) system at https://ecf.cand.uscourts.gov, or by visiting the office of the Clerk of the Court for the United States District Court for the Northern District of California, 1301 Clay Street, Oakland, CA 94612, between 9:00 a.m. and 4:00 p.m., Monday through Friday, excluding Court holidays.

PLEASE DO NOT TELEPHONE THE COURT OR THE COURT CLERK'S OFFICE TO INQUIRE ABOUT THIS SETTLEMENT OR THE CLAIM PROCESS.